Bitcoin Energy Consumption Analysis (2017–2025)

📊 Explore how Bitcoin's energy demand evolved, its environmental impact, and what this means for the future of sustainable mining.

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🔍 Overview

This repository contains the Jupyter Notebook and supporting assets for the Medium article:
"Bitcoin’s Energy Footprint: Can the World’s Favorite Crypto Go Green?"

In this analysis, we explore:

• The evolution of Bitcoin’s electricity usage (2017–2025)
• Environmental and economic implications
• Key drivers like hashrate growth, mining efficiency, and geographical shifts
• Visual comparisons to countries and industries
• Sustainability projections and recommendations

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📁 Contents

File	Description
btc.ipynb	Main Jupyter Notebook with code and visualizations

🛠️ Tools & Libraries Used

This project uses Python with the following libraries:

• pandas — for data manipulation and cleaning
• numpy — for numerical operations
• matplotlib & seaborn — for data visualization
• plotly — for interactive charts
• datetime — for handling time series
• statsmodels — for trend analysis
• scikit-learn — for basic modeling and scaling (if included)

All preprocessing steps—data cleaning, transformation, aggregation, and visualization—are fully documented in the notebook.

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❓ Business Question

"How has Bitcoin’s energy use evolved over time—and is its current path sustainable?"

This question is relevant to:

• 🌍 Environmentalists
• 💼 Investors & Policymakers
• ⛏️ Miners & Hardware Manufacturers

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📈 Key Insights

• Bitcoin’s energy use surged from 2017 to 2021, with signs of stabilization afterward.
• Efficiency has improved due to advanced mining hardware and optimized algorithms.
• A growing share of energy now comes from renewable sources, though fossil fuels remain dominant.
• CO₂ emissions remain high in coal-heavy mining regions.

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📖 Read the Full Article

📚 Read the full article on Medium:
👉 https://medium.com/@danisinator123/bitcoins-hidden-cost-unpacking-energy-trends-from-2017-to-2025-f8378b81aa66

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👤 Author

Akpan Daniel
Data Analyst | Crypto Enthusiast 🌐 https://www.linkedin.com/in/akpan-daniel-b09a1b1a1/

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⚠️ Copyright Notice

© 2025 Akpan Daniel. All rights reserved.
This project is shared for educational and portfolio purposes only. Please contact the author for reuse or collaboration.